The New Lease Accounting Standard to be Adopted in Japan
On September 13, 2024, the Accounting Standards Board of Japan (ASBJ), which establishes the Japanese accounting standards, issued the “Accounting
Japan is the third-largest economy in the world which is highly developed and very demanding. Although challenging, Japan is still a rewarding market for businesses that manage to overcome the barriers to entry and can adapt to local requirements. HLS Japan helps businesses with comprehensive market entry support, as well as local accounting, audit, transfer pricing, and tax services.
Through our global network, we assist our clients on various transfer pricing subjects such as risk assessment, planning, preparing transfer pricing documentation, tax inspection management, mutual consultation and obtaining advance pricing agreement (APA).
Our competitive advantage comes from our highly refined overseas tax service which is made possible by our close relationship with our U.S. offices, as well as the team of international tax accountants with extensive experience.
Spearheaded by our nationally certified Labor and Social Insurance Attorney and other experts with extensive experience and knowledge in human resources and labor law in Japan, as well as hands-on experience in creation and submission of legal documents, working rules, and supporting client needs comprehensively, HLS Global provides comprehensive human resources and Japanese labor law support in Japan.
HLS Global is proud to offer quality services to help our clients cope with international taxation. We always work flexibly, carefully considering the needs of our clients. We prepare statutory financial statements in accordance with the generally accepted accounting principles (GAAP) of a variety of countries, converting these principles to match Japanese standards when necessary. We also provide global financial reporting and outsourcing services.
Our competitive advantage when handling tax matters and Japan market entry services stems from our highly refined overseas tax consultation service and our close relationship with our network of international offices. HLS Global international tax accountants offer the highest quality tax services that are guaranteed to meet the standards of any independent accountant audit and tax examination.
We provide audit services to subsidiaries of foreign and domestic companies and create financial statements based on Japan GAAP, U.S. GAAP, and IFRS. We also provide reporting packages to the parent companies, support royalty audits, and also offer financial due diligence in both Japanese and English, based on the needs of our clients.
Whether you are evaluating your plans for market entry or global expansion, need help with incubation and operations, or looking for cross-border M&A and tax advisory, we can support all of your business requirements through a wide range of services.
Through our global network, we assist our clients on various transfer pricing subjects such as risk assessment, planning, preparing transfer pricing documentation, tax inspection management, mutual consultation and obtaining advance pricing agreement (APA).
With a direct presence in the U.S., Japan, Mexico, India, and Germany, as well as having a network that spans over 20 countries, we are everywhere that your business may take you. HLS Global is optimally poised to support you with a suite of cross-border services including Japan market entry strategy, advisory, transfer pricing, taxation, M&A support, incorporation services, and operational outsourcing.
Focusing on foreign companies that are developing business in Japan, our experienced professionals provide complete end-to-end services for financial accounting, payment processing, payroll calculation, and social insurance application support. Based on the needs of our clients, we can prepare all reports including accounting books and financial statements in both English and Japanese.
Japan is the third largest economy in the world which is highly developed and very demanding. Although challenging, Japan is still a rewarding market to businesses who manage to overcome the barriers to entry and can adapt to local requirements.
HLS Global utilizes the rich knowledge and experience of our nationally certified Labor and Social Insurance Attorney and other experts, to provide complete labor law advisory and related consulting services. From creation of rules of employment to guidance on personnel management processes, HLS Global is able to support a wide range of tasks related to HR, Labor Law and Social Insurance in Japan.
On September 13, 2024, the Accounting Standards Board of Japan (ASBJ), which establishes the Japanese accounting standards, issued the “Accounting
ASTHOM PARTNERS Welcomes UK-based Greenback Alan LLP as a New Member ~ Providing Services Across 13 Countries and 35 Locations
Learn even more about why we are the global accounting and advisory firm you can trust.